Location as a Service Market Research, Share, Competitor Strategy and Trends by Forecast to 2023
The location as a service is a combination of
various applications including infrastructure as a service, software as a
services and platform as a service. It is considered as one of the latest
infrastructure to manage, store, and share specific location to the devices.
The location as a service is widely used in automotive sectors as the location
as a services API that can provide the information even in phones lacking GPS
or data connectivity.
The location as a service provides
location data that can improve operational efficiency, ensure privacy and
security, increase customer engagement, reduce costs, achieve better return on investment and
others. The location as a service can provide data of a specific location and are
very much useful in businesses and governments sectors. These locations based
data provides detailed information about real time activities. In 2016, Accelerite
has launched Location-as-a-Service API platform. This platform enables
operators and enterprises to streamline mobile device location aggregation.
The global location as a service market bifurcated
on the basis of component,
connectivity type, technology, deployment, end users and region. The component are segmented into hardware,
software, and others. The connectivity type is segmented into wired, wireless and
others. The technology is
segmented into GPS, GPRS, RFID, GIS and others. The deployment is segmented into on cloud, on
premises and others The end users are segmented consumer electronics, BFSI,
government, retail, transportation, healthcare, automotive, and others. The
region includes North America, Europe, Asia Pacific and rest of the world.
The
regional analysis of Location as a Service Market is being studied for region such as Asia
pacific, North America, Europe and Rest of the World. North America is one of
the leading region across the world in terms of market share in location as a
service market as it has huge demand as it is widely used in
transportation, automotive sectors. The location as a service market in
Europe region is expected to witness rapid growth in the forthcoming period.
Whereas, Asia-Pacific countries like China, Japan and India is an emerging
market for location as a service market and expected to be the highest CAGR in
the coming years.
The
global location as a
service market is expected to grow at USD ~99 Billion by 2023, at 32%
of CAGR between 2017 and 2023.
Major
Key Players:
·
Cisco systems (U.S.)
·
Google Inc. (U.S.)
·
Ericsson (Sweden.)
·
IBM Corp. (U.S.)
·
Qualcomm (U.S.)
·
Location Labs (U.S)
·
LocationSmart (U.S)
·
Microsoft Corp. (U.S.)
·
Oracle Corp. (U.S.)
·
Esri (U.S)
·
Accelerite (U.S)
Location
as a Service Market Segmentation:
The global location as a service market
bifurcated on the basis of component, connectivity type,
technology, deployment, end users and region. The component are segmented into hardware, software, and others.
The connectivity type is segmented into wired, wireless and
others. The technology is segmented into GPS, GPRS, RFID, GIS and
others. The deployment is segmented into on cloud, on premises
and others The end users are segmented consumer electronics, BFSI, government,
retail, transportation, healthcare, automotive, and others. The region includes
North America, Europe, Asia Pacific and rest of the world.
Market
Research Analysis:
On geographic basis, global location as a service market is studied in
different regions as Americas, Europe, Asia-Pacific and Rest of world. It has
been observed that North America region is leading with market share growth in
the location as a service market.
The location as a service is gaining huge demand as location as a service API platform offers a central connection of any network operator and concerned with
public safety to enable emergency services to the customer. In this market,
Europe is to be estimated to be the second largest market share for location as
a service during the forecast period.
Access
Report Details @ https://www.marketresearchfuture.com/reports/location-as-a-service-market-4251
Intended
Audience:
- Location as a service manufacturing companies
- Mobile network operators
- Location as a service providers
- Mobile content developers and aggregators
- Wireless infrastructure providers
- Research and development companies
- Market research and consulting firms
- Solution providers
- Technology standards organizations
- Technology investors
- System Integrators
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